The Fair Share Report

215 3rd Ave

Middle, NJ 08210

The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.

Step 1 · Market value

≈ $650,781

Likely range $508,065 – $789,523, from 12 comparable Middle sales in the past 18 months, at this home's 2,450 sq ft.

Step 2 · The Director's Ratio

64.09%

The state's official measure of how far Middle assessments sit below market value — republished every October, applied town-wide. A $650,781 home should be assessed near $417,086.

Step 3 · Assessed value

$394,300

Set at the last town-wide revaluation and mostly frozen since. That's $22,786 below what the ratio math suggests (5.5%).

Step 4 · The tax rate — same for every Middle home

$2.082 per $100 assessed

$1.150 Schools · 55% $0.309 County · 15% $0.623 Town · 30%

Step 5 · The bill

$8,525/yr
Public schools$4,709
Cape May County$1,265
Town of Middle$2,551
Middle average$5,374

This home vs. every recent Middle sale · assessed ÷ market

Town median 56.7%
This home · 60.6%

39%84%

Paying about right

This home's ratio lands inside Middle's normal band. The drift hasn't singled it out — no case for a tax appeal.

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
2 S 15TH ST2025-05$540,0002,60454.6%
24 WOODVIEW LANE2025-07$765,1252,14242.4%
10 CANTERBURY WAY2026-05$656,0002,07665.7%
10 CANTERBURY WAY2025-06$610,0002,07670.6%
16 SAND CASTLE DRIVE2025-07$680,0002,56059.8%
905 PENNSYLVANIA AVE2026-05$415,0002,10754.7%
3 VICTORY DRIVE2025-06$455,0002,18662.1%
12 2ND DRIVE2025-10$3,650,0002,13823.0%
15 CANTERBURY WAY2025-04$685,0002,07663.5%
20 LOCHALSH LANE2025-07$555,0002,86852.5%
27 CANTERBURY WAY2025-06$669,0002,07666.0%
24 MARLYN DRIVE2026-04$375,0002,14774.6%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →